JCALvsBMOPETF Comparison
VS
JPMorgan California Tax Free Bond ETF (JCAL) and BNY Mellon Municipal Opportunities ETF (BMOP) belong to the same industry segment: Municipal Bonds. JCAL's top 1 sector exposures are Municipal. In contrast, BMOP's top sector exposures are Municipal and Industrials. JCAL is less expensive with a Total Expense Ratio (TER) of 0.44%, versus 0.54% for BMOP. Run a side-by-side ETF comparison of JCAL and BMOP below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
JCAL vs BMOP performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 11/03/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | JCAL BMOP | +3.06%+2.58% | -0.31%-1.34% | n/an/a | n/an/a | n/an/a | n/an/a |
| Flows | JCAL BMOP | -$3M-$123M | +$14M-$192M | -- | -- | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | JCAL BMOP | +4.65%+5.23% | n/an/a | n/an/a | n/an/a |
| Max drawdown | JCAL BMOP | -5.04%-5.67% | n/an/a | n/an/a | n/an/a |
| Max drawdown duration | JCAL BMOP | 82d82d | n/an/a | n/an/a | n/an/a |
Trading data
JCAL | BMOP | |
Last sale 11/4/2026 at 2:30 PM | $48.77 | $24.10 |
| Previous close 11/03/2026 | $48.55 | $24.01 |
| Consolidated volume 11/03/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Advertisement
Main metrics
Last update 11/4/2026 at 2:30 PM
Live
Closed
JCAL | BMOP | |
|---|---|---|
| Last price | $48.77 | $24.10 |
| 1D performance | +0.45% | +0.36% |
| AuM | $510.08 M | $1.52 B |
| E/R | 0.44% | 0.54% |
Characteristics
JCAL | BMOP | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | J.P. Morgan Asset Management | BNY Mellon |
| Benchmark | - | - |
| N° of holdings | 112 | 226 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | June 12, 2026 | January 9, 2026 |
| ESG | No | No |
Advertisement
Exposure
Countries
JCAL
USA
40.33%
Other
59.67%
BMOP
USA
40.67%
Other
59.33%
Sectors
JCAL
Municipal
40.33%
Other
59.67%
BMOP
Municipal
40.47%
Other
59.53%
Advertisement
Diversification
JCAL
Total weight of top 15 holdings out of 15
16.28%
BMOP
Total weight of top 15 holdings out of 15
10.06%
Top 15 holdings
Data as of September 30, 2026
JCAL
US072024ZH86
2.13%
US072024C758
1.83%
California Community Choice Financing Authority, 5% 1feb2055, USD (2024D)
1.09%
US13063EGP51
1.07%
California, FRN 1may2033, USD (2003A-1)
1.07%
US568087BK56
1.06%
County of Santa Clara, 4% 1aug2038, USD
0.99%
US13032U7S16
0.98%
California Infrastructure and Economic Development Bank, 5% 1nov2029, USD (2024)
0.97%
North Orange Community College District, 4% 1aug2044, USD
0.94%
US13032UX453
0.92%
California Community Choice Financing Authority, 5% 1dec2035, USD (2025G)
0.83%
US13034A3Y44
0.82%
Black Belt Energy Gas District, 5% 1dec2034, USD (2026)
0.80%
Sacramento Municipal Utility District, 5% 15aug2049, USD (2023)
0.78%
BMOP
US45884AF813
0.91%
California Community Choice Financing Authority, 5% 1nov2033, USD (2025F)
0.80%
US052398FE91
0.78%
US745160SG73
0.76%
University of Texas, 5% 1jul2041, USD (2023A)
0.64%
US57421CNT70
0.63%
US544532LU62
0.62%
Tennergy Corp., 5% 1oct2054, USD (2024)
0.62%
Black Belt Energy Gas District, 5% 1may2055, USD (2024)
0.62%
State of Washington, 5% 1aug2040, USD (2024A)
0.62%
US56035DHT28
0.62%
California Community Choice Financing Authority, 5% 1aug2055, USD (2024C)
0.62%
Massachusetts School Building Authority, 5.25% 15feb2048, USD (2018)
0.61%
US57586CV697
0.61%
US09182TLC98
0.60%
Frequently asked questions about JCAL and BMOP
Which ETF is bigger: JCAL or BMOP?
As of November 3, 2026, JCAL holds $510.08 M in assets under management (AUM), while BMOP manages $1.52 B.
What sectors do the JCAL and BMOP ETFs invest in?
JCAL leans toward sectors like Municipal. Meanwhile, BMOP focuses on Municipal.
What are the top holdings of the JCAL ETF and BMOP ETF?
JCAL top holdings include US072024ZH86, US072024C758 and California Community Choice Financing Authority, 5% 1feb2055, USD (2024D). BMOP holds in its top three: US45884AF813, California Community Choice Financing Authority, 5% 1nov2033, USD (2025F) and US052398FE91.
Which ETF is more diversified: JCAL or BMOP?
JCAL holds 307 securities with 16.28% of its assets in the top 15. BMOP has 658 securities and a top 15 weight of 10.06%.
Advertisement
Advertisement
